Section 600.6060 - Execution; not made on equity of redemption on certain judgment; endorsement on execution; direction to officer. - Michigan Statutes

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Statutes > Michigan > Chapter-600 > Act-236-of-1961 > 236-1961-60 > Section-600-6060

REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961

600.6060 Execution; not made on equity of redemption on certain judgment; endorsement on execution; direction to officer.

Sec. 6060.

(1) When judgment is recovered for a debt or any part of a debt secured by mortgage of real estate, there can be no sale of the equity of redemption in such estate, by virtue of any execution upon such judgment.

(2) Whenever any execution against the property of the defendant is issued on such a judgment, the plaintiff or his attorney shall indorse on such execution a brief description of the mortgaged premises with a direction not to levy upon said premises or any part thereof and if execution cannot be collected from the other property of the defendant, the officer shall return the same unsatisfied.

History: 1961, Act 236, Eff. Jan. 1, 1963

State Codes and Statutes

Statutes > Michigan > Chapter-600 > Act-236-of-1961 > 236-1961-60 > Section-600-6060

REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961

600.6060 Execution; not made on equity of redemption on certain judgment; endorsement on execution; direction to officer.

Sec. 6060.

(1) When judgment is recovered for a debt or any part of a debt secured by mortgage of real estate, there can be no sale of the equity of redemption in such estate, by virtue of any execution upon such judgment.

(2) Whenever any execution against the property of the defendant is issued on such a judgment, the plaintiff or his attorney shall indorse on such execution a brief description of the mortgaged premises with a direction not to levy upon said premises or any part thereof and if execution cannot be collected from the other property of the defendant, the officer shall return the same unsatisfied.

History: 1961, Act 236, Eff. Jan. 1, 1963

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State Codes and Statutes

Statutes > Michigan > Chapter-600 > Act-236-of-1961 > 236-1961-60 > Section-600-6060

REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961

600.6060 Execution; not made on equity of redemption on certain judgment; endorsement on execution; direction to officer.

Sec. 6060.

(1) When judgment is recovered for a debt or any part of a debt secured by mortgage of real estate, there can be no sale of the equity of redemption in such estate, by virtue of any execution upon such judgment.

(2) Whenever any execution against the property of the defendant is issued on such a judgment, the plaintiff or his attorney shall indorse on such execution a brief description of the mortgaged premises with a direction not to levy upon said premises or any part thereof and if execution cannot be collected from the other property of the defendant, the officer shall return the same unsatisfied.

History: 1961, Act 236, Eff. Jan. 1, 1963